Property profile

1301 Half Day Rd Bannockburn, IL 60015

OFF-MARKET
Gas stations
Property ID
US28-1378333
2,113 SF 0.71 ac lot Built 1966
Entity Owned 14-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional new retail development in Bannockburn, IL, offers three available spaces ranging from 1,700 to 6,950 square feet. Strategically located at the signalized intersection of Half Day Road and Waukegan Road in Lake County, this property boasts a prime location within a thriving commercial area. The site benefits from high visibility and accessibility, situated near two major grocery stores and hundreds of thousands of square feet of existing retail space. The thoughtful design includes multi-tenant shop space, drive-thru capabilities, and ample parking (250 spaces). This location provides convenient access to surrounding communities including Bannockburn, Lake Forest, Deerfield, Lincolnshire, and Highland Park. The significant daytime population density is further enhanced by a large concentration of office buildings, Deerfield High School, and the Midtown Athletic Club. Multiple access points are available, including convenient access through Mariano's. Large pylon signage opportunities are available on both Half Day Road and Waukegan Road, ensuring maximum brand visibility. This is an unparalleled opportunity for businesses seeking a high-traffic, easily accessible location in a prosperous North Shore community. The address is 1301 Half Day Rd, Bannockburn, IL 60015.

Property profile

Verified
Property type Gas stations
Use group SERVICE STATION WITH FOOD MART
Year built 1966
Construction BRICK
Total area 2,113 SF
Lot 0.71 ac (30,928 SF)
APN 16-17-300-018
UPID US28-1378333

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gas Station
  • Corporate Office
  • Shopping Center & Mall
  • Hardware & Home Improvement HVAC Service

Location

1301 Half Day Rd Bannockburn, IL 60015
Bannockburn metro Census 864801 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$350k

Owner & transaction history

since 2011
2 recorded transactions
2011
$863,500
1998
$5.9M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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